The dragons are not going anywhere, and neither is the man steering them. HBO has locked in Ryan Condal, co-creator and showrunner of House of the Dragon, on a new exclusive overall deal that runs through 2029 — covering the show through its planned fourth season and leaving room for whatever comes next inside the Targaryen universe.

Condal launched House of the Dragon alongside George R.R. Martin in August 2022, stepping into one of the most pressure-tested jobs in prestige television: the Game of Thrones successor. The show's first season drew audiences that briefly made it the most-watched series in HBO history by some internal metrics. Season 2 followed in 2024. A third season is in production.

An overall deal at this level means Condal's new projects — anything developed outside the Targaryen slate — would also land at HBO first. That part of the arrangement will matter more once Dragon closes out its run, whenever four seasons becomes the end of the road or the beginning of a spin-off conversation.

For HBO, the renewal is a straightforward play: the network has roughly forty months of Condal's attention guaranteed at a moment when the streaming landscape rewards franchise continuity above almost everything else. The deal was first reported by Deadline. No financial terms were disclosed.